{"podcast":{"title":"The Breakdown","slug":"the-breakdown-440465","podcast_index_feed_id":440465,"rss_url":"https://feeds.megaphone.fm/NLWLLC2118417614","website_url":"https://the-breakdown.carrd.co/","image_url":"https://megaphone.imgix.net/podcasts/53cadc42-20da-11ee-a8f1-1bd22b61356c/image/7fbf1724d2a8e498cc7552087e943a5c.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Blockworks","episode_count":2084,"summary":"The Breakdown dives into the deepest topics in crypto, blockchain, and the macro forces shaping markets and power structures. Each episode breaks down complex ideas into clear, grounded analysis — separating signal from noise across crypto, finance, and geopolitics. Hosted by David Canellis, The Breakdown features explainers, interviews, and conversations with the people building, regulating, and challenging the financial system. A Blockworks podcast. Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/","last_synced_at":"2026-07-02T04:19:55.776246+00:00","page_url":"https://stenobird.com/podcast/the-breakdown-440465"},"episode":{"title":"The Crypto-TradFi Convergence | Inflection Point","slug":"the-crypto-tradfi-convergence-inflection-point","published_at":"2026-03-31T13:00:00+00:00","page_url":"https://stenobird.com/podcast/the-breakdown-440465/the-crypto-tradfi-convergence-inflection-point","show_page_url":"https://stenobird.com/podcast/the-breakdown-440465","url":"https://traffic.megaphone.fm/BWG4815666343.mp3","audio_url":"https://traffic.megaphone.fm/BWG4815666343.mp3","summary":"While The Breakdown is between seasons, we’re sharing a panel from Digital Assets Summit featuring the team behind Inflection Point. The conversation explores how investors should think about crypto valuations, what gives L1s value, and why there’s still no shared framework for pricing blockchain networks. – Follow Blockworks Research: https://x.com/blockworksres Follow Inflection Point: inflectionpoint.carrd.co Follow Matt: https://x.com/Matt_Hougan David: https://x.com/dlawant Michael: https://x.com/marcryptonio Marc: https://x.com/marcarjoon Follow David: https://x.com/dcanellis — Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/breakdown Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ — Timestamps: (00:00) Introduction (04:46) Crypto Valuation Models Are Broken (10:01) Nexo Ad (10:42) Revenue Isn’t the Answer (16:23) One Asset Class or Many? (18:43) Nexo Ad and Blockworks IR Promo (20:23) Network Effects Need Revenue (26:03) Blockspace Isn’t A Commodity (31:20) Institutions Need Intellectual Permission — Disclaimer: Nothing said on The Breakdown is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Host and guests may hold positions in the companies, funds, or projects discussed.","meta_description":"While The Breakdown is between seasons, we’re sharing a panel from Digital Assets Summit featuring the team behind Inflection Point. The conversation expl…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2073,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-breakdown-440465/episodes/the-crypto-tradfi-convergence-inflection-point/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-breakdown-440465/the-crypto-tradfi-convergence-inflection-point.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}